(YLD) Principal Active High Yield - Ratings and Ratios

The Principal Active High Yield ETF (NYSE ARCA:YLD) is an actively managed exchange-traded fund that focuses on investing in high-yield, below-investment-grade fixed income securities, commonly referred to as junk bonds. The funds primary objective is to achieve returns by allocating at least 80% of its net assets to these high-yield securities, as well as other fixed income instruments such as U.S. treasury securities, investment-grade bank loans, and preferred securities.

To evaluate the funds performance, key performance indicators (KPIs) such as yield, duration, and credit quality can be considered. The funds yield, for instance, is a crucial metric, as it directly impacts the returns generated for investors. Additionally, the funds expense ratio, which is not explicitly stated, is another important factor to consider, as it affects the net returns for investors. A comparison of the funds yield and expense ratio to its peers in the High Yield Bond ETF category can provide valuable insights into its relative performance.

Further analysis of the funds holdings and sector allocation can also provide insight into its overall risk profile and potential for returns. For example, the proportion of the funds assets allocated to U.S. treasury securities versus high-yield corporate bonds can impact its overall credit risk. Moreover, the funds liquidity profile, including its average daily trading volume and bid-ask spread, is also essential in assessing its tradability and potential for price slippage.

Investors should also consider the funds management teams track record and experience in managing high-yield portfolios. The funds website (http://www.principalfunds.com) may provide additional information on the funds investment strategy, holdings, and performance, allowing investors to make more informed decisions.